Major developments:

USD is now at 71.36. Rupee opened at 71.43 . Expect 71.30-71.45 range for the day. Yuan has 

climbed to 7.08, contributing to Rupee strength.

Focus is on ECB monetary policy on Thursday. If QE is announced, Euro could slip below 

1.10. 

US retail sales, CPI and Indian IIP, CPI are the focus events for this week.

-USDINR is at 71.36. Y’day’s close was 71.67.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.68%.

-USDINR 1 yr fwd premia is at 4.29%.

USDINR @ 71.36, EUR/USD 1.1014, GBP/USD @ 1.2328, USD/JPY @ 108.06, EUR/INR @ 78.59, GBP/INR @ 87.97, 

JPY/INR @ 66.03.

Gold@1495, WTI Crude @ 56.20, Nifty @ 11066 (+31), 10 Year G-SEC @ 6.68.